I am a brand new real estate investor. I purchased a duplex with a current very good tenant two months ago. I have put nearly $`13,000 in electrical rewiring of both units, painting, new ceiling fans, and a new hot w...
Hello all,
Looking for some general advice here, we are closing on a 4BR/2BA Canal/Pool home in Cocoa Beach next month. We have to furnish it all and from there are looking to use it for short term rentals (Air BNB, ...
I’m buying properties that were owned by tired landlords who never raised rents. For the most part, tenants aren't complaining about it because I do it slowly and give them lots of warning. Of course, I still get tena...
Hi BP!
So I have seen so many people discuss the fact that as a landlord you have to pay for your units if the something breaks.
You get a call in the middle of the night and you have to get it fixed.
That sounds m...
I watch a lot of RE shows about flipping and solely renovating. I know that there is more behind the scenes then what is shown on TV but on these shows, they seem to be able to do a renovation for between 30-40K. Incl...
Hello,
This is to reply to a previous post as well as information for others. This is the lease that I am going to use when the previous lease expires. It has been revised by my attorney. All comments, concerns, o...
Maybe this is the wrong place for this question, but someone here has to know. I have a 3 unit building where the electrical panels for all 3 units and common is in the basement. If a breaker trips, tenants have to go...
Hello all,
I am a real estate investor who has
been investing primarily in GTA multi-family over the last decade.
Recently, with inflation skyrocketing and mortgage rates bringing
correction to the over-valued ...
Hello BP family. I am a newbie in REI from Dallas Texas. My goal is specifically rental property investment. I closed on my first rental property (SFH) 12/19/19. I made this deal with little or no knowledge in REI (ba...
I recently moved in a tenant to my 4-plex apartment building who seemed like he was going to be a great. Income verification, background, credit check all were great. He is a male in his 40's with a teenage daughter...